Legacy Plus

Survivorship Universal Life

As you consider how to pass on the estate or business assets that you've both worked so hard for, you need a solution that's as distinctive as your accomplishments.

Legacy Plus survivorship life insurance is flexible enough to meet a variety of estate planning and business planning challenges, including wealth transfer, charitable gifts and business succession. And, since it pays after two people have passed on, it may cost less than having two separate policies.

Key Features

Insures the lives of two people — family or key business personnel.

A built-in 10-year no-lapse guarantee option, providing the security of a death benefit as long as minimum premiums are paid.

Tax-free income through policy loans or withdrawals.1

Potential retirement income or income replacement for a survivor after the other has passed away.2

1 Loans accrue interest. Loans and withdrawals may be subject to additional charges and fees.

2 Lifetime benefits are subject to policy having sufficient cash value; use of cash value may reduce death benefit.

3 Accelerated death benefits will reduce the death benefit and may affect the available loan amount and other policy values.

4 Continued Coverage Benefits in IL. Withdrawals, loans and late payments may require that additional premium be paid to keep the No-Lapse Guarantee active.

5 Covered Person Term Rider in NJ. Subject to insurability.

Life insurance policy guarantees are subject to the timely payment of premiums. As long as the no-lapse guarantee is in effect, the policy is guaranteed not to lapse. By paying only the minimum no-lapse guarantee premium, you may be forgoing the opportunity to build a higher account value. At the end of the no-lapse guarantee period provided by either the policy or the rider, you may need to make significant additional premium payments. Withdrawals and loan indebtedness will cause an increase in the premium requirement under the base no-lapse guarantee and will reduce the death benefit and cash surrender value. Non-payment of the requirement premium and changes to the specified amount or death benefit option may also damage the no-lapse guarantee feature.

Payment of the benefits of Columbus Life Insurance Company products is backed by the full financial strength of Columbus Life Insurance Company, Cincinnati, Ohio. Policy, rider features and benefits may vary and may not be available in all states.

Guarantees are based on the claims-paying ability of Columbus Life Insurance Company.

Life insurance products are not bank products, are not a deposit, are not insured by the FDIC, nor any other federal entity, have no bank guarantee and may lose value.

This site is intended to provide a general overview of our products. Please review each product's Producer Guide, Client Guide, and Product Specification Sheet for full product details.

Columbus Life Insurance Company, Cincinnati, OH is licensed in the District of Columbia and all states except New York.